Video length: 05:11 VIDEO Tourism Oman must be ‘faster’ to grasp tourism opportunities Oman needs to be “faster” to react to regional tourism opportunities and market itself more effectively to attract more visitors to the country, according to the sultanate’s industry leaders. Tourism grew by 12 percent in the first quarter of the year, figures released by the Ministry of Heritage and Tourism show. Total revenues of 3-to-5 […] June 6, 2024
Tourism UAE in top 10 global tourism earners UAE tourism revenues reached nearly $52 billion in 2023, catapulting the Gulf state up seven places to sixth position on the list of top 10 global tourism earners, a new UN report reveals. The United States is the top earner in the latest UN world tourism barometer, with $176 billion last year, followed by Spain […] June 5, 2024
Video length: 07:12 Analysis Leisure & Hospitality UAE hotel rebrandings a sign of discontent in the sector Growing discontent among UAE hotel owners about the treatment they are receiving from operators has resulted in a wave of hospitality rebrandings. More than a dozen major hotels across the UAE have been reflagged in the past year. Emirati, Spanish and Chinese hotel brands have also disclosed plans to pursue the same strategy as part […] June 5, 2024
Aviation India’s Akasa Air to start Jeddah and Riyadh flights Saudi Arabia has licensed Indian low-cost airline Akasa Air to begin flights this week as the Hajj pilgrimage begins, giving a further boost to the kingdom’s tourism plans. The flights into Jeddah include two from Ahmedabad and 12 from Mumbai per week starting from 8 June, and seven into Riyadh from Mumbai per week starting […] June 5, 2024
Aviation Airline passengers to get takeaways delivered onboard Airline passengers will soon be able to pre-order meals for their journey from a delivery app, a leading industry executive has predicted. The Dubai-based global air and travel services provider Dnata launched a trial of a pre-flight order and delivery scheme in the Netherlands four years ago. Robin Padgett, divisional senior vice-president of the company’s […] June 5, 2024
Leisure & Hospitality Dubai hotel developer pins success on green credentials As protests against mass tourism sweep across Europe, the head of a Dubai-based developer with business in Ibiza said he is confident his company’s sustainability credentials can address such concerns. Kabir Mulchandani, founder and chairman of Five Holdings, believes that mounting apprehension around increasing visitor flows to the world’s most sought-after destinations is rooted in […] June 4, 2024
Aviation Groundwork to begin soon on Dubai’s $35bn airport Work will begin shortly on the world’s largest passenger terminal in Dubai. Major groundwork at Al Maktoum International will start this month, Emirates president Sir Tim Clark said. The first phase of the AED128 billion ($34.85 billion) project, slated to be completed within a decade, will be able to accommodate 150 million passengers annually, the […] June 4, 2024
Aviation Lebanon among biggest debtors to global airlines The money owed to international airlines in Lebanon has fallen by almost 9 percent year on year, but still totals $129 million, the International Air Transport Association reported on Sunday. Lebanon takes the fifth spot in a 2024 list of countries where funds are overdue for repatriation, IATA said. It was the No 1 country […] June 4, 2024
Retail Emaar starts work on $408m Dubai Mall expansion Emaar Properties, Dubai’s largest developer, has commenced work on expanding Dubai Mall at a cost of AED1.5 billion ($408 million). The expansion will include 240 new luxury stores and food and beverage outlets. The contractor is already mobilising on-site, the Dubai-listed developer said in a statement. However, no details were given on when work would […] June 4, 2024
Business of Sport Brokers pin hopes on darts being Riyadh’s next big sporting target Darts could be the next major sport to be staged in Saudi Arabia, with strong family ties linking it to brokers who have already negotiated deals in the kingdom, according to a leading sports analyst. Veteran sports promoter Barry Hearn revealed that discussions have taken place with a view to moving the PDC Darts World […] May 31, 2024
Opinion Tourism Ireland should market itself – and its rain – more aggressively in the Gulf The weather was just what a visitor from early summer Gulf would want May 31, 2024
Video length: 06:28 VIDEO Leisure & Hospitality Dubai Parks and Resorts refocuses on the ‘right’ customers Dubai Parks and Resorts’ decision to scrap its Bollywood Parks theme park and replace it with the football-focused Real Madrid World is the latest change it has implemented over the past two years to turn its attractions around. The strategy is part of management’s shift in focus, from satisfying investors to attracting the “right” visitors. […] May 30, 2024
Tourism War and tensions mean Egypt dials down tourist forecast Egypt has revised its tourist targets downwards because of the continuing conflicts in the region. However the country is still hoping to receive a record number of visitors in 2024. Egypt’s tourism minister Ahmed Issa told Sky News Arabia this week that his ministry had lowered its expectations down from 18 million to between 15.5 […] May 30, 2024
Tourism Saudi Arabia grants first maritime tourism licence Saudi Arabia has granted its first maritime tourism licence to a Public Investment Fund company ahead of the launch of its own cruise ships off the Red Sea coast this year. The government’s Saudi Red Sea Authority granted the licence on May 28 to Jeddah-based Cruise Saudi, which this month opened bookings for its ship […] May 30, 2024
Aviation Oman seeks investors for new low-cost airline Oman plans to launch a new low-cost airline amid a global tourism rebound and the continued expansion of the Gulf state’s aviation sector. In a post on the social messaging platform X (formerly Twitter), the country’s civil aviation authority (CAA) announced an investment opportunity for a new low-cost airline operator in the sultanate. No further […] May 29, 2024
Leisure & Hospitality Tourism to contribute $64bn to UAE’s economy in 2024 The tourism sector’s contribution to the UAE’s economy is expected to reach AED236 billion ($64 billion) in 2024, accounting for 12 percent of the overall GDP, a senior government official has said. The sector contributed AED220 billion to the GDP last year, accounting for almost 12 percent of the overall economy, Khaled Al Midfa, chairman of Sharjah […] May 26, 2024
Leisure & Hospitality Hong Kong’s airport lounge operator targets Saudi expansion Hong Kong’s airport lounge operator, Plaza Premium Group (PPG), has earmarked $100 million to expand across the Middle East, focusing on Saudi Arabia. The regional expansion is part of its three-year $300 million global expansion plan. The funds will be allocated to opening lounges, establishing an airport concierge service with white-glove service, opening innovative dining outlets and exploring […] May 26, 2024
Real Estate What billionaires want in their luxury Dubai homes Never mind saunas and double garages, the new must-haves are underwater sound systems and cryogenic rooms May 24, 2024
Opinion Business of Sport Marseille ticks boxes for Saudi’s next football foray Reports suggest the kingdom is keen to add the French club to its growing sports portfolio May 24, 2024
Retail Middle East phone users turn to Chinese budget brands Middle East consumers are embracing budget-friendly Chinese smartphone brands, as global favourites such as iPhone and Samsung suffer a slump in sales. The Middle East’s smartphone market is flourishing, with shipments excluding Turkey reaching more than 12 million units in the first quarter of 2024, a year on year increase of 39 percent, a report […] May 24, 2024
Retail US cigarette giant buys slice of Egyptian rival The American tobacco giant Philip Morris International (PMI) has acquired a minority stake in Egypt’s largest cigarette manufacturer. PMI, which owns brands such as Marlboro, L&M, Merit and Parliament and is the world’s top tobacco company by market value, has bought 14.7 percent of Egypt’s Eastern Company, which also includes cigars and pipe tobacco in […] May 23, 2024
Business of Sport PIF to sponsor women’s world tennis rankings Saudi Arabia’s Public Investment Fund (PIF) is giving its name to the women’s world tennis rankings, the latest sponsorship deal in the kingdom’s drive to dominate global sports. “The PIF WTA Rankings will track players’ journeys, and PIF will work with the WTA to celebrate and support players’ progress,” PIF said, calling the deal “multi-year”. […] May 22, 2024